Our Services
When you partner with Far and Wide Real Estate, you are getting a turnkey investment property solution specifically for Australians investing in the United States.
This turnkey investment property solution from Far and Wide Real Estate consists of four main components being:
• The investment grade property.
• The best structure to purchase your investment grade property.
• The tools and resources to manage your risk and compliance.
• Ongoing Support.
The Investment Grade Property
The core of this turnkey investment property solution is the investment grade property.
So what makes an investment grade US property?
1. The property will need to generate a positive cash flow to the Australian investor in excess of our benchmark the rate of return for that location. Note the benchmark rate of return will vary depending on location as areas with higher projected capital growth may have lower rates of return.
2. The property will need to be in a condition that tenants want to occupy and pay maximum rent. To achieve this, the chances are that there will need to be some repairs and or renovation / rehab required. Far and Wide Real Estate will manage this process using fully licenced contractors. Work will usually be completed prior to you acquiring the property so you have no risk of project over runs.
3. The property needs to be tenanted. To achieve this, Far and Wide Real Estate will appoint a vetted property manager who will be tasked to find the most suitable tenant for the property. In most cases you property will be tenanted prior to you acquiring the property. So you know beforehand what the rental is.
4. Appropriate insurance needs to be in place or ready to be put in place. Far and Wide Real Estate will liaise with vetted insurance brokers in respect of this.
5. The property could be a single or multi family home, or even a commercial property. The choice is yours.
So to provide you with the appropriate investment grade property, Far and Wide Real Estate will:
• Find the property and put it under its control.
• Manage any renovation / rehab required.
• Manage the process of finding a tenant for the property.
• Arrange necessary insurance.
The Ownership Structure
But just providing the appropriate investment grade property is not enough.
Like any investment property purchase the ownership structure is important. This is doubly so when dealing now with the laws of multiple countries.
Far and Wide Real Estate will work with you to determine the best ownership structure for you considering both your Australian assets and liabilities and your US investing plans. What works for one person will not be the same for another person.
Once the structure is determined, Far and Wide Real Estate will work with you to get this structure in place. Note it is only when the structure is in place where you will be in a position to acquire any property. To do so prior to this may put you personally at risk.
Tools and Resources
Far and Wide Real Estate will then assist with any funds transfers and opening and operating bank or escrow accounts so you can access the cash from your US investment property.
Next, Far and Wide Real Estate will help you set up the various income tax requirements you need in the US and connect you with appropriate US tax agent to make sure your US tax returns are lodged timely and accurately. If necessary Far and Wide Real Estate can assist with your Australian tax returns as well.
If you want to fund the purchase of the US property from equity in your home or other properties, Far and Wide Real Estate can refer you to the mortgage broker they personally use to assist in this process.
Ongoing Support
Far and Wide Real Estate realise that from time to time questions or concerns may arise and you would like some help.
Far and Wide Real Estate are available to answer any questions or help solve any concerns you have.
Summary of Our Services
When you partner with Far and Wide Real Estate, you are getting a turnkey investment property solution specifically for Australians investing in the United States.
Far and Wide Real Estate will help:
• Find you the most appropriate investment grade property for your portfolio.
• Work out and implement the best structure for your portfolio.
• Provide you with the tools and resources to manage your risk and compliance.
• Provide ongoing support.
So with Far and Wide Real Estate, you can rest assured you are getting a turnkey investment property solution specifically for Australians investing in the United States.
Want to be notified when our next property is ready for sale?
Diana and Wayne Wanders
Far and Wide Real Estate
diana@farandwiderealestate.com
wayne@farandwiderealestate.com